Director, Accounting & Finance
Democrats for Education Reform (DFER) is seeking a Director of Accounting & Finance to direct and oversee all aspects of the finance and accounting functions for our multi-entity organization which includes a 501(c)(3), 501(c)(4), and Political Action Committee (PAC). This includes direct responsibility for accounting, finance, cash flow, budgeting, internal and external audits, and legal and management reporting. The Director of Finance is a key strategic partner to the executive team, providing the financial insight necessary to advance the organization's mission. You will :
- Lead efforts to manage the organization's financial resources, supporting its commitment to advancing its mission through strategic fiscal planning, strong financial reporting and analysis.
- Sustain robust financial systems and internal controls to safeguard assets, ensure compliance, and provide accurate and timely financial data to support strategic decision-making.
- Provide strategic financial guidance and support to the executive leadership team, department heads, and program staff on budgeting, forecasting, and fiscal management.
- Lead the annual audit and 990 preparation process, serving as the primary liaison with external auditors.
Key Responsibilities
Act as a strategic partner by developing and delivering forward-thinking, usable financial reporting and dashboards that translate complex data into actionable insights for program, development, and advocacy staff.Continuously evaluate the status of short and long-term strategic financial objectives and provide advice on the financial implications of business activities.Provide timely and accurate analysis of budgets, financial trends and forecasts.Establish and maintain strong relationships with senior executives so as to identify their needs and provide responsive reporting and financial strategies.Manage cash flow and forecasting; optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions.Multi-Entity Financial Management, Accounting, and Controls
Ensure that effective internal controls are in place and ensure a safeguarding of assets, compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting.Maintain a cost sharing allocation model to accurately distribute costs across the entities; ensure proper implementation of cost share and grant agreements; establish processes to monitor the program activity for compliance with grant agreements.Maintain separate financial records for each entity while producing consolidated financial statements for organizational leadership and the Board.Manage intercompany transactions, allocations, cash settlements and transfers, ensuring they are properly documented and comply with all legal restrictions.Ensure the timely and accurate processing of accounts payable, accounts receivable, payroll, and support the Development team with grants administration.Ensure cash flow is appropriate for the organization's operations for national, the states and projects (including fiscal sponsors).Partner with external auditors to execute the annual audit process and prepare and file all required regulatory reports, including Form 990, Form 990-T, Form 1120-POL, and state charity and PAC reports in a timely and accurate manner.Multi-Entity Budget & Management Reporting
Manage processes for financial forecasting, reporting, including leading the annual organization budgeting and planning processPrepare monthly financial statements, financial packages, and other informational reports / analysis.Monitor financial performance against budget, analyze variances, and provide actionable insights to support national departments, state chapters, and special projects.Provide financial data and analysis to support grant proposals and donor reports for the Development team and to ensure programmatic compliance.Team & Systems Management
Manage and develop the finance and accounting team, fostering a culture of high performance and continuous improvement.Evaluate, implement, and manage financial systems and software (such as Netsuite) to enhance operational efficiency.Democrats for Education Reform (DFER) is a national political organization that supports elected Democrats and candidates for office who seek to expand policies and practices that work well for America's students and confront those that do not. We prioritize students and families, especially low-income students and students of color who should be better served by our country's public education system.
DFER partner Education Reform Now Advocacy (ERNA) is an advocacy group that advances education reform measures through empowering community leaders to support our legislative and political advocacy work. ERNA keeps constant pressure on legislators to champion high-quality public education.
DFER partner Education Reform Now (ERN) is a nonpartisan think tank that promotes increased resources and innovative reforms in K-12 public education, particularly for students of color and students from low-income families.
Democrats for Education Reform welcomes applications from all, and strongly encourages women, people of color, people with disabilities, immigrants, refugees & LGBTQ people to apply for this position. We are committed to maximizing the diversity of our organization and recruiting a team that reflects the diversity of the students we serve.